Bank of New York Mellon Corp Has $163.63 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Bank of New York Mellon Corp increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,715,431 shares of the company’s stock after purchasing an additional 34,893 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $163,632,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth about $29,000. Harbour Investments Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 58.1% during the 2nd quarter. Harbour Investments Inc. now owns 792 shares of the company’s stock worth $46,000 after buying an additional 291 shares during the period. Richards Merrill & Peterson Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 2,875 shares of the company’s stock worth $166,000 after buying an additional 238 shares during the period. Financial Advocates Investment Management bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $217,000. Finally, Marshall Wace LLP acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $62.77 on Friday. The firm’s 50 day moving average price is $61.81 and its two-hundred day moving average price is $60.23. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $46.79 and a 52-week high of $58.40. The stock has a market cap of $5.39 billion, a PE ratio of 27.32 and a beta of 1.02.

About Invesco Russell 1000 Dynamic Multifactor ETF

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.